Dan Peters 15 October 2020

Public sector exit cap signed into law

The £95,000 cap on public sector exit payments was signed into law last night and will come into force on November 4.

Under the new law, any worker over the age of 55 who is made redundant will be affected by the cap, which will include the payment employers make to pension funds.

Trade union Unison said this was ‘unfair, unjustified and causing anxiety’ among ‘thousands’ of long-serving council staff who would suffer in retirement as a result.

Unison’s head of local government, Jon Richards, said: ‘We’re outraged that, despite knowing older, long-serving staff would suffer, ministers simply ploughed on.

‘The message this attack sends to public sector workers, many of whom are on the frontline as COVID infection rates rise, is that, despite all you’ve done, you don’t matter.

‘It’s galling that, as ministers divert billions of pounds to failing private companies to fight the pandemic, the people risking all to keep us safe have been treated so callously.’

Ministers have insisted that employees would still benefit from a ‘significant level of compensation’.

SIGN UP
For your free daily news bulletin
Highways jobs

Head of Early Years and Early Help

London Borough of Merton
£90,126 - £98,319
Merton is an Ofsted rated ‘Outstanding’ authority—yet it is our ambition, our humility, and our drive to keep learning that truly define us. Merton, London (Greater)
Recuriter: London Borough of Merton

Specialist Social Worker

North Yorkshire Council
£42,839 - £47,181
A welcome from the Corporate Director of Children and Young People Scarborough, North Yorkshire
Recuriter: North Yorkshire Council

Specialist Social Worker

North Yorkshire Council
£42,839 - £47,181
A welcome from the Corporate Director of Children and Young People Malton, North Yorkshire
Recuriter: North Yorkshire Council

Specialist Social Worker

North Yorkshire Council
£42,839 - £47,181
A welcome from the Corporate Director of Children and Young People Ripon, North Yorkshire
Recuriter: North Yorkshire Council

Specialist Social Worker

North Yorkshire Council
£42,839 - £47,181
A welcome from the Corporate Director of Children and Young People Harrogate, North Yorkshire
Recuriter: North Yorkshire Council
Linkedin Banner